Global carmakers in race to buy S.Korea Ssangyong


SEOUL, Nov 19 (Reuters) - Leading global car makers have expressed their interest in taking over South Korea's Ssangyong Motor Co , the local Maeil Business Newspaper said in its early Thursday edition. Creditors of Ssangyong, which has been through a harsh restructuring programme since December 1999, are trying to sell a 55.4 percent stake in South Korea's sport utility vehicle maker via an international auction. The report quoted a source at lead manger Samil Accounting Co as saying, ...

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